Mines Ministry organizes Workshop on Offshore Mining (See 'Corp Brief') Arbitration - Since settlement has not worked out Court decided to refer matter to arbitration : HC (See 'Legal Desk') NHAI organises Workshop on implementation of Insurance Surety Bonds (See 'Corp Brief') SEBI Act - Considering receipt of settlement amount by SEBI and fulfilment of non-monetary term of settlement, adjudication proceedings initiated against Applicant can be disposed of : SEBI (See 'Legal Desk') PMLA Act -Without discussion as to how property is involved in money laundering conclusions recorded by Adjudicating Authority cannot sustain : Tribunal (See 'Legal Desk') Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') Summer Power demand expected to be adequately met during both day and night (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk') Ministry of Skill signs MoU with Mahindra Ltd to conduct two Pilot Projects (See 'Corp Brief')

Govt extends last date for Aatma Nirbhar App Innovation Challenge

Published: Jul 18, 2020

By TIOLCORPLAWS News Service

NEW DELHI, JULY 18, 2020: Given the enthusiastic response to the AatmaNirbhar Bharat App Innovation Challenge, Government has also decided to extend the last date of submission of entries to the Challenge to 26th July 2020. The Challenge is hosted on the Innovate Portal of MyGov and to participate, one can log in to https://innovate.mygov.in/app-challenge/ .

AatmaNirbhar Bharat App Innovation Challenge, launched by the Prime Minister Narendra Modi on 4 th of July has seen a very enthusiastic response from tech entrepreneurs and Startups from across the country. So far 2353 entries have been received across the 8 categories identified. These include 1496 from individuals and about 857 from organizations and companies. Amongst those received from Individuals, around 788 applications are ready to use and the remaining 708 are under development. For the Apps submitted by organizations, 636 Apps have already been deployed and the remaining 221 are under development. The Category wise breakup of the Apps submitted include 380 under Business, 286 under Health & Wellness, 339 under E Learning, 414 under Social Networking,136 under Games, 238 under Office & Work from Home, 75 under News and 96 under Entertainment. Around 389 Apps have been submitted under the others category. Around 100 of these Apps have more than 100,000 downloads. The applicants are from all over the country including remote and small towns. This shows the talent that exists in our country and this App Innovation Challenge is the right opportunity for Indian Tech Developers, Entrepreneurs and companies to build for India at a scale, that is unparalleled anywhere in the World. The true challenge will be to identify the Apps that are robust, scalable, secure with an easy to use interface and give users an experience that will make them come back to the App.

The AatmaNirbhar Bharat App ecosystem has the potential to unlock value for the Indian tech Startups and help them get a pie of the multi trillion-dollar App Economy. Just the top 3 companies with maximum downloads of Apps, this year have a total market cap of almost 2 trillion $s and are growing very fast.

The capability of our start-ups to build innovative solutions is also proved with the enthusiastic response received for the Video Conferencing Innovation Challenge launched last month which saw more than 2000 applications, out of which 12 were shortlisted to make prototypes. Given the quality of solutions submitted, the Jury had to expand the list at this stage from 3 to 5 as all of them were found to have the skill set to build full scale solutions. The top 3 companies include Sarv Webs from Jaipur, PeopleLink from Hyderabad and Techgentsia from Alappuzha. They have been rewarded with a grant of Rs 20 lakhs each to build the full-scale solution. The two companies who were ranked 4 th and 5 th by the Jury include Soulpage from Hyderabad and Hydrameet from Chennai. They were given a grant of Rs 15 lakhs each and are also building the full-scale solution. In addition, 4 companies, namely Aria Telecom from Ghaziabad, VideoMeet from Jaipur, VacSetu from Delhi and Zoho from Chennai were also considered to have significant potential by the Jury. This Challenge has proved that given the right push our tech companies can build world class solutions.

TIOL CORP SEARCH

TIOL GROUP WEBSITES